High Quality Tenanted Investments in Prime Location
47 Newheath Drive is a first class industrial development in an expanding area. Its located approx 150 metres to the M1 Motorway, 450 meters to Smith Street Motorway and 700 meters to the Parkwood G:Link 'Park and Ride' Station, as well as rapidly expanding residential pockets of Pacific Pines, Gaven, Maudsland and Helensvale.
The complex itself comes with a range of enviable features including; basement car parking, security fence, automatic gate and a stylish and modern finish.
The investment opportunities:
Unit 1 -
2 x 2 year lease returning $42,025 pa nett
High quality fit out throughout
Ability to split into 2 smaller tenancies
Massive rental upside
Asking $600,000 @ 7% return
Unit 2 -
2 x 2 year lease returning $47,108 pa nett
336 sqm with large mezzanine area
Excellent truck access
Complete with office and staff amenities
Asking $625,000 @ 7.5% return
Unit 3 - SOLD
2 x 2 year lease returning $39,016 pa nett
Large mezzanine with corporate facilities
Factory area with secure storage
Great condition throughout
An inspection will not disappoint! These properties represent great value and are priced for a quick sale.
To obtain an Information Memorandum or arrange a confidential inspection, please contact The Adam Young Team 07 5555 8608
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in the email which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. If you receive this email in error, please advise us immediately. If you are not the intended recipient of this message, you are notified that you must not disseminate, save, forward, disclose, copy or use this information.
|Tenancy Status||Currently Tenanted|
|Annual Yield (Gross)||N/A (Marketed Without Price)|
|Annual Yield (Nett)||N/A (Marketed Without Price)|
|Title Scheme||Community Title|
The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.